Question 3 The following information has been provided from a company with regular and stable costs. The quantity and match Not yet costs for the highest and lowest activity months are shown. answered Marked out of High month total cost $1,340,550 10 Low month total cost $671,250 Flag question High Vol 10570 Low Vol 4750 Use the high low method to determine cost behaviour and then predict the cost 220 when the quantity produced in a period equals the number shown: Required: Using the high-low method to determine cost behaviour, make a cost prediction for the activity level shown in the box above. NOTE: DO NOT dollar signs ($) etc., simply enter the amount. e.g. to enter $1,000 simply enter 1000. Answer: Question 4 Brief 5-10 lines) give a written answer to the following question (10 Marks)